Arthur Thomas
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Arthur covers banking and finance and the economy at BizTimes while also leading special projects as an associate editor. He also spent five years covering manufacturing at BizTimes. He previously was managing editor at The Waukesha Freeman. He is a graduate of Carroll University and did graduate coursework at Marquette. A native of southeastern Wisconsin, he is also a nationally certified gymnastics judge and enjoys golf on the weekends.
Weekly Debrief: Progress and work to do on MMAC’s Region of...
Lauren Anderson, Andrew Weiland and Arthur Thomas from BizTimes Media get together to talk about the news of the week, including an update on...
🔒 Harley-Davidson CEO taking $600,000 salary cut in new pay deal
Harley-Davidson chairman chief executive officer Jochen Zeitz has entered into a new compensation agreement with the company that will reduce his base salary by $600,000 but also incentivizing him to stay in the job through the end of 2024 with stock options.
🔒 Capital Midwest Fund closes on $41 million fund
Mequon-based venture capital firm Capital Midwest Fund has closed on $41 million worth of capital commitments for its fourth fund, Capital Midwest Fund IV L.P.
🔒 Generac closes on ecobee acquisition
Town of Genesee-based Generac Holdings Inc. has closed on its acquisition of Canadian smart thermostat maker ecobee in a deal potentially worth up to $770 million.
🔒 Two execs leaving Enerpac Tool Group amid organizational changes
Menomonee Falls-based Enerpac Tool Group is making changes to flatten and simplify its organizational structure, leading to the departure of two executive vice presidents.
October passenger traffic at Mitchell was 79.5% of 2019 level
The total number of passengers traveling through Milwaukee Mitchell International Airport in October reached 79.5% of its October 2019, according to data released by the airport.
Region’s manufacturing sector growth continues amid supply chain, inflation challenges
Southeastern Wisconsin’s manufacturing sector continued to grow in November, albeit at a slightly slower pace from October as supply chain and inflation issues continued to weigh on the sector.
🔒 SpotHopper raises $14 million in Series A funding
Milwaukee-based SpotHopper, a provider of restaurant marketing and operations technology, has completed a $14 million Series A funding round, the company announced Tuesday.
🔒 Charter Manufacturing acquires Shawano-based Aarrowcast
Mequon-based Charter Manufacturing has acquired Shawano-based Aarrowcast Inc., a privately-held manufacturer of gray and ductile iron castings.
🔒 EMCO Chemical Distributors expanding in Pleasant Prairie
EMCO Chemical Distributors plans to expand its operations to additional building in the LakeView Corporate Park in Pleasant Prairie.
Wisconsin wage growth ranks near bottom of country since August
The average hourly wage paid to private sector workers in Wisconsin has increased an average of 3.9% over the past three months, a pace that ranks in the bottom 15 of all states.
🔒 Stories from nonprofits and businesses making workforce development work
It is no secret many employers across different industries are finding it difficult to find the employees they need to operate and grow their...